MEP’s have overwhelming voted to reject the proposed EU-US Data Privacy Framework. Whilst this is a non-binding opinion, it should heavily influence the European Commission as it makes the final decision in the following months.
MEP’s recognised that it is an improvement over the now-invalid EU-US Privacy Shield but felt that it still did not go far enough to warrant an adequacy decision. Of particular concern were the ongoing bulk data collections by US foreign intelligence agencies, and the fact that some US agencies were still updating their proposed practices and so could not yet be assessed. You can read the detail at https://www.europarl.europa.eu/news/en/press-room/20230505IPR85012/meps-against-greenlighting-personal-data-transfers-with-the-u-s.
It appears that the EU still has some valid concerns, but we wait to see if the UK takes a similarly cautious line; early signs are that perhaps it may not.